Meghan Markle and Prince Harry are officially breaking things off with the charity they oversaw with Prince William and Kate Middleton .

The Duke and Duchess of Sussex are parting ways with the Royal Foundation, Kensington Palace announced on Thursday. The charitable organization is an umbrella for Fab Fours joint interests, which include the mental health charity Heads Together and Harrys Invictus Games.

Later this year The Royal Foundation will become the principal charitable and philanthropic vehicle for The Duke and Duchess of Cambridge, Kensington Palace said in a statement, adding that Harry and Meghan will start their own foundation.

The statement added that both couples will continue to work together on projects in the future, including Heads Together.

These changes are designed to best complement the work and responsibilities of Their Royal Highnesses as they prepare for their future roles, and to better align their charitable activity with their new household, the palace said, adding that the two couples are incredibly proud of their joint work.